---
schema_version: "secwatch.filing_event.v1"
accession: "0001511337-24-000010"
form_type: "8-K"
ticker: "RLJ"
cik: "0001511337"
company_name: "RLJ Lodging Trust"
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T02:43:43.978915+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# RLJ Lodging Trust Q1 revenue up 3.1% to $324M; net income down 55% to $4.7M

## Summary
- Comparable RevPAR $137.88, up 1.0% YoY; ADR flat, occupancy up 1.2%.
- Acquired 304-room Wyndham Boston Beacon Hill for $125M funded with cash.
- Adjusted FFO per diluted share $0.33 vs $0.35 prior year; Q2 RevPAR expected below mid-point due to soft April.
- Reaffirmed FY24 outlook: RevPAR growth 2.5%-5.5%, Adj EBITDA $360M-$390M, Adj FFO $1.55-$1.75/share.
- Total liquidity $1.0B; extended $181M mortgage loans to April 2025, drew $200M revolver to pay maturing debt.

## SEC filing metadata
- accession: 0001511337-24-000010
- form_type: 8-K
- ticker: RLJ
- cik: 0001511337
- company_name: RLJ Lodging Trust
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1511337/000151133724000010/0001511337-24-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1511337/000151133724000010/rlj-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001511337-24-000010
- JSON: https://secwatch.observer/filing/0001511337-24-000010.json
- Plain text: https://secwatch.observer/filing/0001511337-24-000010.txt

## Key facts
- Earnings Releases
  RLJ Lodging Trust reported three months ended March 31, 2024 results: revenue $324,410, net income $4,746, EPS $0.33. Guidance reaffirmed.
  - Period: three months ended March 31, 2024
  - Revenue: $324,410
  - Net income: $4,746
  - EPS: $0.33
  - Guidance: reaffirmed
  - Result: reported results
  source text: Operational Overview: (1) Comparable ADR $198.84 $199.07 (0.1)% Comparable Occupancy 69.3% 68.5% 1.2% Comparable RevPAR $137.88 $136.45 1.0% Financial Overview: Total Revenue $324,410 $314,503 3.1% Comparable Hotel Revenue $324,392 $314,488 3.1% Net Income $4,746 $10,514 (54.9)% Comparable Hotel EBITDA $88,855 $90,926 (2.3)% Comparable Hotel EBITDA Margin 27.4%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1511337/000151133724000010/0001511337-24-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.